The Briefing: Quantum Computing Goes Mainstream While AI's Bills Come Due

Issue #2025.49 / December 1, 2025

Hi There 👋

Something unusual happened on November 28: an established asset manager launched a fund dedicated to quantum computing stocks. Not a niche vehicle for crypto bros or tech evangelists, but an actual ETF trading on the Chicago Board Options Exchange with a tidy 0.45% expense ratio. If that sounds mundane, consider what it signals about where we…